W1/2 SE1/4 SE1/4 SEC.24 T10N R5W, GSRB&M, Arizona
AMC387251 unpatented 20 acres & AMC389712 Gold Ambitions 23 acres
43 acres total
located Between Yarnell & Stanton, Arizona
Commodity: Gold, Silver, Copper Sulfide
Gold Water has a spring fed creek that flows through it. It is part of the Laurella Mine Complex. It has a tunnel driven to an unknown depth and a prospect about 10 feet deep 213 feet southeast of the tunnel. It historically assayed at .5 - 3.85 oz gold per ton. Ore body is comprised of quartz, pyrite, and chalcopyrite in North-South vertical Yavapai Schist. Most veins in this area produce about 1 1/2 oz AU per ton. It has outcroppings of unexplored gold bearing quartz veins in metamorphic schist. It has an excellent camp site with mature trees for shade during the day. Most of the time you can dredge or high bank the creek. There is 250 feet of creek with medium to large boulders. There are other washes on the claim. Some of the surrounding claims have been commercially placer mined at one time or another. This claim has little ground disturbance. This is one of the most diverse claims I've seen. You can dredge, highbank, drywash, hardrock and metal detect, all on the same claim. It was put up for sale in the early 1939 for $15,000. With inflation adjustment, it would be about $218,647.35. in US dollars today. This makes for a nice 2-3 person placer operation.
$74,000. for the claims
1982 Case 580 4X4 backhoe Newer tires, locking compartment doors. Very good condition $12,000.
Forks and extra bucket for hoe. Have service records.
If you'd like the Notice of Intent also, add $1,803.
We have compiled a fairly extensive history.
Click here for historical data on this mine (.pdf file)
The above picture represent the water flow of the claim after about an inch of rain.
The above pictures depict the hilltop of the claim and the N-S Quartz veins in Yavapai Schist.
The above pictures are the typical water flow of the claim.
The lines in this picture depict the approximate boundaries of the claim.
NW Corner N34.19082 W112.72360
SW Corner N34.18719 W112.72360
SE Corner N34.18719 W112.72142
NE Corner N34.19082 W112.72142
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